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MARKETS / NASDAQ / NXPL
NASDAQ · TELEPHONE COMMUNICATIONS (NO RADIOTELEPHONE) · SMALL CAP

NextPlat Corp. NXPL

16 fiscal years on record · USD · FY2025 reported · SEC filings only
$54.3M
▼ 17.8% YoY
$-10.5M
$-6.2M
In brief

What this company does

NextPlat Corp (“NextPlat,” “the Company,” “we,” “our,” or “us”) is a global e-commerce and healthcare services company that operates through two reportable segments: e-Commerce Operations and Healthcare Operations. Through these segments, the Company provides satellite-enabled communication products and services, global online distribution capabilities, pharmacy services, healthcare technology solutions, and data analytics services. For the year ended December 31, 2025, approximately 27% of revenue was generated by our e-Commerce segment and 73% by our healthcare segment. NextPlat Corp, formerly Orbsat Corp, is a Nevada corporation and was originally incorporated in Florida in 1997. As of December 31, 2025, we had 121 full-time employees and 9 part-time employees. These platforms enable us to distribute products globally to customers located in more than 165 countries.

Written from the business description in NextPlat Corp's annual report to the U.S. Securities and Exchange Commission, filed 31 March 2026. Every sentence was checked against that document before publication.

Growth
USD 54.3M
Revenue, FY2025 · full 16-year series below
Revenue $M Net income $M
FY2025 · Revenue 54.3 · Net income -10.5
25.0M50.0M-8.0M-16.0M201020122014201620182020202220242025
Compound annual growth
+66.8%
+57.0%
+30.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +57.0% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
−19 cents
lost on every revenue dollar
Operating margin Net margin
FY2025 · Operating -16.6% · Net -19.3%
-50%-100%201020122014201620182020202220242025
ROE
FY2024 · ROE -47.2%
-200%-400%201020122014201620182020202220242025

Cash & shareholders
USD 100,000.00
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF -6.2
-2.5M-5.0M201020122014201620182020202220242025
Net buybacks $ Dividends $
FY2025 · Dividends — · Net buybacks 100000.0
50000100000201420242025

USD 100,000.00 in buybacks went back to shareholders.

Total assetsUSD 27.5M
EquityUSD 17.3M
CashUSD 13.7M
Gross debtUSD 1.3M
Net debtUSD -12.4M
Current ratio2.65×

The company holds more cash than debt.

The 16-year record
16 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010
Revenue $B0.10.10.00.00.00.00.00.00.00.00.00.0····
Operating income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0−0.0−0.0−0.0−0.0
EBITDA $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.0···−0.0
Income tax $B0.00.00.00.0··0.00.00.0·······
Net income $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.00.00.0−0.0−0.0−0.0
Free cash flow $B−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0−0.0···−0.0
EPS, diluted $−0.44−0.65−0.22−0.96−1.98−132.05−13.00−19.14−8.10−11.42−0.260.000.36−0.02−0.04−0.06
Dividend / sh $················
Payout %···········2054····
ROE %·−47.2−13.0−42.3−89.6−458.7−136.7−73.8−189.0−99.8−140.612.4····
Shares out B0.030.030.020.010.010.000.000.000.000.000.020.000.000.250.230.17

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 72 reconciliationsAUDITED

Reconciled in 16 of 19 fiscal years. 23 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityTelephone Communications (No Radiotelephone)
Listed onNASDAQ
Incorporated inNevada
Fiscal year endsDecember 31
SEC categorysmaller reporting company
Data on record since2010

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